Penang
Seberang Perai Tengah
16
BANDAR MACANG BUBOK

BANDAR MACANG BUBOK

Area Intelligence

2023

Median Price

RM 95,000

PSF: RM 159

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Residential PSF Trends

Median Price

RM 95,000

PSF: RM 159

Commercial PSF Trends

Median Price

RM 630,000

RM 527 PSF

BANDAR MACANG BUBOK in Seberang Perai Tengah, Penang recorded 10 subsale transactions in 2023, with a median price of RM 95K and a median price per square foot (PSF) of RM 159.

This area contains both residential and commercial properties. View 55 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 95K, with most transactions falling within a stable range of RM 71K to RM 119K, and a typical market range of RM 50K to RM 120K.

Most transactions involved low-cost flat, with high diversity across multiple property types.

Price per square foot shows a median of RM 159, though individual units vary from RM 123 to RM 194 in the core range. The broader market spans RM 29.38 to RM 287.63, indicating diverse property characteristics. The spread of RM 258.25 (IQR) and deviation of RM 35 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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BANDAR MACANG BUBOK, Seberang Perai Tengah, Penang

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Transactions

10 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

600 sqft

Low-Cost Flat

600 sqft

Low-Cost Flat

RM 110,000

Level 1

592 sqft · RM 186 PSF

Oct 2023

RM 50,000

Level 3

592 sqft · RM 84 PSF

Sep 2023

RM 60,000

Level 4

592 sqft · RM 101 PSF

Sep 2023

RM 90,000

Level 4

592 sqft · RM 152 PSF

Aug 2023

RM 100,000

Level 1

602 sqft · RM 166 PSF

Jul 2023

RM 103,000

Level 2

624 sqft · RM 165 PSF

Jul 2023

Level 1	RM 110,000	RM 186	592 sqft	Oct 2023
Level 3	RM 50,000	RM 84	592 sqft	Sep 2023
Level 4	RM 60,000	RM 101	592 sqft	Sep 2023
Level 4	RM 90,000	RM 152	592 sqft	Aug 2023
Level 1	RM 100,000	RM 166	602 sqft	Jul 2023
Level 2	RM 103,000	RM 165	624 sqft	Jul 2023